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Investment, Transparency Key to Creating Tomorrow’s Leaders

Investment, Transparency Key to Creating Tomorrow’s Leaders

Summary

The article describes companies’ efforts to develop leaders by giving employees training, autonomy, and clear goals. Executives from several organizations say trust, accountability, open communication, and support for change help employees contribute and grow.

Key Facts

  • MD Anderson Cancer Center says its Leadership Institute offers leadership training to employees at all levels.
  • MD Anderson executive Shibu Varghese said the institution’s investment in staff development has contributed to low turnover.
  • Omaha Steaks CEO Nate Rempe said the company uses a Change Adoption Framework to identify barriers, improve communication, and reduce disruption and rework.
  • CGS gives business leaders authority to make decisions while setting shared goals, according to executive chairman and CEO Philip Friedman.
  • Delta Faucet Company encourages employees to propose ideas and opportunities beyond the company’s formal plan, president Jill Ehnes said.
  • Executives interviewed for the article emphasized giving employees clear direction, responsibility, and the ability to act on their knowledge.
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